Subsidiaries and Investments in Other Persons Sample Clauses

Subsidiaries and Investments in Other Persons. The following are wholly owned subsidiaries of MLC Holdings, Inc.: MLC Group, Inc. Virginia MLC Network Solutions, Inc. Delaware MLC Capital, Inc. Virginia MLC Federal, Inc. Virginia Educational Computer Concepts, Inc. Pennsylvania PC Plus, Inc. Virginia MLC/GATX Leasing Corporation (Colorado) is owned 50% by GATX and 50% by MLC Group, Inc. It is expected that the ownership of this company will be transferred at par to GATX in the immediate future. MLC Leasing S.A. DE C.V. ESTATUTS (Mexico) is owned 1/50,000 by MLC Network Solutions, Inc. and 49,999/50,000 by MLC Group, Inc. Affiliates MLC/GATX Limited Partnership I Colorado MLC/CLC LLC* Virginia *for the purposes of this agreement, MLC/CLC LLC may be considered a subsidiary.
AutoNDA by SimpleDocs
Subsidiaries and Investments in Other Persons. Other subsidiaries of Silverstar Holdings, Ltd. (other than the Credit Parties): Silverstar Holdings, Inc.; First South Africa Management, Corp.; First South African Holdings, Ltd.; Strategy First, Inc. Silverstar Acquisitions Plc has loaned $7,721,670 to Empire Interactive, Europe Limited Silverstar Holdings, Ltd. has loaned $1,335,000 to Strategy First, Inc. Silverstar Holdings, Ltd. has an investment in Magnolia Broadband, Inc. in the amount of$3,100,000
Subsidiaries and Investments in Other Persons. None. ---------------------------------------------
Subsidiaries and Investments in Other Persons. Borrower’s investments in other Persons are set forth on Exhibit C to the Purchase and Sale Agreement dated August [ ], 2010 among Borrower, Existing Borrowers and Lender. As of the Agreement Date, Borrower’s only subsidiaries are Full Circle ICB Inc. (“FC ICB”) and FC West, Inc. (“FC West”), each of which is a Delaware corporation and each of which is a direct, wholly-owned subsidiary of Borrower. Borrower hereby represents and warrants to Lender that (a) the only asset of FC ICB is a warrant with respect to Pittsburgh Brewing Acquisition, LLC (an affiliate of Iron City Brewing, LLC), and (b) the only asset of FC West is its membership interest in West World Media, LLC. Borrower hereby covenants and agrees with Lender that (y) Borrower shall not make any investments in, or transfer any assets to, FC ICB or FC West without the prior written consent of Lender, and (z) promptly following the request of Lender, Borrower shall cause FC ICB and FC West to be co-borrowers under this Agreement or provide secured guaranties to Lender in accordance with Section 8(f) as if FC ICB and FC West were new subsidiaries.

Related to Subsidiaries and Investments in Other Persons

  • Investments in Other Persons Make or hold, or permit any of its Subsidiaries to make or hold, any Investment in any Person, except:

  • Subsidiaries and Investments The Company does not own, directly or indirectly, any capital stock or other equity, ownership or proprietary interest in any corporation, partnership, association, trust, joint venture or other entity (each a "Company Subsidiary").

  • Subsidiaries and Equity Investments (a) Section 3.3 of the Company Disclosure Schedule sets forth (i) the name of each corporation that is a "Significant Subsidiary" (as such term is defined in Rule 1-02 of Regulation S-X of the Securities and Exchange Commission (the "Commission") (such subsidiaries hereinafter referred to collectively as "Subsidiaries" and individually as a "Subsidiary", and collectively with the Company, the "Companies")), (ii) the name of each corporation, partnership, joint venture or other entity (other than the Subsidiaries) in which any of the Companies has, or pursuant to any agreement has the right or obligation to acquire at any time by any means, directly or indirectly, an equity interest or investment; (iii) in the case of each of such corporations described in clauses (i) and (ii) above, (A) the jurisdiction of incorporation, (B) the capitalization thereof and the percentage of each class of voting capital stock owned by any of the Companies, (C) a description of any contractual limitations on the holder's ability to vote or alienate such securities, (D) a description of any outstanding options or other rights to acquire securities of such corporation, and (E) a description of any other contractual charge or impediment which would materially limit or impair any of the Companies' ownership of such entity or interest or its ability effectively to exercise the full rights of ownership of such entity or interest; and (iv) in the case of each of such unincorporated entities, information substantially equivalent to that provided pursuant to clause (iii) above with regard to corporate entities.

  • Subsidiaries; Investments Borrower does not own any stock, partnership interest or other equity securities except for Permitted Investments.

  • Subsidiaries; Equity Investments 4 2.7 Capitalization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 2.8

  • Subsidiaries and Other Equity Investments and Equity Interests in the Borrower and Each Subsidiary Guarantor

  • Subsidiaries; Equity Interests The Parent does not own, directly or indirectly, any capital stock, membership interest, partnership interest, joint venture interest or other equity interest in any person.

  • Subsidiaries and Owners; Investment Companies Schedule 6.1.2 states (i) the name of each of the Borrowers' Subsidiaries, its jurisdiction of organization and the amount, percentage and type of equity interests in such Subsidiary (the "Subsidiary Equity Interests"), (ii) the name of each holder of an equity interest in the Borrowers (except for Parent), and the amount, percentage and type of such equity interest, and (iii) any options, warrants or other rights outstanding to purchase any such equity interests referred to in clause (i) or (ii). The Borrowers and each Subsidiary of the Borrowers have good and marketable title to all of the Subsidiary Equity Interests it purports to own, free and clear in each case of any Lien and all such Subsidiary Equity Interests have been validly issued, fully paid and nonassessable. None of the Loan Parties or Subsidiaries of any Loan Party is an "investment company" registered or required to be registered under the Investment Company Act of 1940 or under the "control" of an "investment company" as such terms are defined in the Investment Company Act of 1940 and shall not become such an "investment company" or under such "control."

  • Restricted Investments Make any Restricted Investment.

  • Acquisitions and Investments The Borrower will not, nor will it permit any Subsidiary to, make or suffer to exist any Investments (including without limitation, loans and advances to, and other Investments in, Subsidiaries), or commitments therefor, or become or remain a partner in any partnership or joint venture, or to make any Acquisition of any Person, except:

Time is Money Join Law Insider Premium to draft better contracts faster.